Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

“E.J., Has Your Phone Been Ringing off the Hook?”

February 28, 2018 By E.J. Smith - Your Survival Guy

By Alextype @ Shutterstock.com

Well this was a fun month for the stock market with wild swings from high to low of around 2,000 points in the Dow Jones Industrial Average.

One question I’m asked on a consistent basis is “E.J., is your phone ringing off the hook?” and my answer is “no,” and I know why. Most of you have been educated by Dick Young that investment success is achieved over a lifetime, not a month or two. Investment success is about hitting singles and doubles, taking some walks here and there and sometimes getting hit by a pitch. Staying in the game is key. It’s a winning strategy because it puts compound interest into play. Spend a lifetime compounding money on a consistent basis and you’ll wake up one day and say “Wow, I have a pile of money.” It’s funny, when I ask investors how they achieved their success. They don’t talk about the stock market. They talk about working long hours, putting one foot in front of the other, showing up for work every day and s-a-v-i-n-g as much as they could save. Looking back 40-years, they know how tough it was to save $1,000. Compound that at 8% and it’s $21,725 today. Not a bad start.

Click here to finish reading this post on Yoursurvivalguy.com.

Related Posts

  • “Hello, McFly?”
  • People Want “LAW AND ORDER!”
  • “Who’s the President?” And I said, “An S.O.B.”
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • Yes, Your Children Are Listening to You - February 8, 2023
  • You Aren’t Getting These Yields from Your Bank Account - February 7, 2023
  • What Your Survival Guy Invested in Today - February 6, 2023

Dick Young’s Must Reads

  • DIGITAL DOLLAR DOOMSDAY: The Wall Street Journal Is NOT Going to Tell You This
  • The Four Most Important Words in Investing
  • We’ll Burn the Place Down!
  • Soros’s Open Society Foundation, Charles Koch Team Up
  • The County Sheriff: America’s Last Hope
  • Being Fully American Means Americans First
  • Hungarian Hardliner Viktor Orban Shows European Globalists the Way
  • Work to Make Money/Invest to Save Money
  • America’s States Rights Revolution
  • What a Way to Make a Living: New Hampshire #1

Our Most Popular Posts

  • SEN. KENNEDY: This Is How to Fix Biden's Border Disaster
  • Oh Yes! It Can Get Worse
  • What Your Survival Guy Invested in Today
  • You Aren't Getting These Yields from Your Bank Account
  • Hang Tight or Hang Alone
  • Trump Channeled Pat Buchanan to Win GOP Primary
  • Democrats’ Widening Schism
  • Will Biden Start Wars with Both Russia and China?
  • Will Western Tanks Be a Game Changer in Ukraine?
  • Your Retirement Life: Adventure Awaits

Disclosure

RSS Youngresearch.com

  • Yes, Your Children Are Listening to You
  • You Aren’t Getting These Yields from Your Bank Account
  • Real Estate “Power Buyers” Suffering Glut of Inventory
  • What Your Survival Guy Invested in Today
  • AI SEARCH WAR BEGINS: Google and Microsoft Join AI Battle
  • Your Retirement Life: Adventure Awaits
  • UK Takes Aim at the Cryptocurrency Industry
  • Early Advice from Her Dad on Tipping at Charlie Trotter’s
  • Do You Trust This Rally?
  • Reagan’s America Remembered by Your Survival Guy and More

RSS Yoursurvivalguy.com

  • Yes, Your Children Are Listening to You
  • You Aren’t Getting These Yields from Your Bank Account
  • Bidenflation Has Eaten Up Americans’ Pandemic Savings
  • Dragon Tours Open for Business
  • What Your Survival Guy Invested in Today
  • You Invest, They Win: FTX Edition
  • Your Retirement Life: Adventure Awaits
  • Zumwalt-Class Guided Missile Destroyers to Get Hypersonic Weapons
  • Early Advice from Her Dad on Tipping at Charlie Trotter’s
  • Treasury Bonds Ready to Rock and Roll

Big Hearted, Idealistic, Daring…

Yes, Your Children Are Listening to You

BEN CARSON: How Is Biden’s Speech Creating Unity?

Biden’s State of the Union Address Receives Rough Reception

Can a Capital Injection Save Bed Bath & Beyond?

You Aren’t Getting These Yields from Your Bank Account

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives